247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Ecoline Exim Limited

Kolkata

Date of DRHP : 17 Jan 2025

Issue Type : Book Building Process

IPO Type :
SME IPO

Ecoline Exim Basic Details

   Packaging & Disposables

Sub Sector: Manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute

Exchange:
NSE Emerge

About the Company

Incorporated in 2008, Ecoline Exim is primarily engaged in manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute. They are engaged in the export of these bags globally. During the Fiscal 2024, they exported our products to more than 25 countries. Their major export market is European Union, USA, Japan, and South East Asia and Mexico, etc. With the awakening of global market where more and more measures are being taken to reduce the use of plastics, they address to the alternate solution to use products which are sustainable, reusable and biodegradable, like bags made out of cotton or jute which are eco-friendly. They are OEM’s catering to packaging solutions of various customers like: Super Markets and Retail chains, Wholesalers and Promotional companies. They customize their products as per the customer requirements with screen printing, embroidery, labelling, sizing etc. Their customer base is divided into two major segments i.e. (i) Functional – where major customers are Retailers/Wholesalers and Supermarkets and (ii) Promotional – where major Customers are Promotional companies and Corporate Gifting agencies. During the stub period ended on September 30, 2024 they sold their products to 48 number of customers addressing to functional requirements and 24 number of customers addressing to promotional requirements. As on December 31, 2024, they have an outstanding order book for supply for cotton and jute bags worth Rs 9744.37 lakhs from around 60 number of customers.

Financial Summary (Annualised Basis)

Revenue :
267.44 Cr.

PAT :
24.26 Cr.

Ecoline Exim IPO Lead Manager(s)

Hem Securities Limited

Ecoline Exim IPO Registrar

MUFG Intime India Private Limited

Ecoline Exim DRHP Details

Objects of issue

  • Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery for setting up a new manufacturing facility at Ahmedabad
  • General Corporate Purposes

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FAQs

Ecoline Exim operates in Packaging & Disposables and Manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute. The Issue would be listed on SME. The registrar of the Issue is MUFG Intime India Private Limited. The IPO type of Ecoline Exim is Book Building Process and Object of issue is

  • Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery for setting up a new manufacturing facility at Ahmedabad
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Ecoline Exim IPO was filed on 17 Jan 2025.

No, Ecoline Exim IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Ecoline Exim are not available now. You can apply in Ecoline Exim IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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